For FW de Klerk reconciliation was never about moral intention, but always about political strategy, writes Antjie Krog.
A group of prominent economists from the U.S. and China called for the world’s two largest economies to abandon their trade war and agree to a new path forward that would give both countries more latitude to both pursue their own domestic economic policies and hit back at those that hurt them.
Stocks climbed across Europe and Asia and US equity futures pointed to a stronger open as the world’s two largest economies scheduled fresh trade negotiations next week.
Most notably, China called off planned talks over the weekend, and re-engagement appears to be unlikely until at least after the US midterm elections in November.
As Wall Street gets humming, investors are still trying to figure out why financial markets have shrugged off the Trump administration’s latest salvo in the trade war with China.
"If countries will not make fair deals with us, they will be 'Tariffed!'"
The US and China imposed fresh tariffs on each other’s goods in the middle of trade talks aimed at averting the worsening conflict between the world’s two biggest economies.
The tariffs will mostly apply to industrial equipment, like tractors and chemicals.
The US and China are trying to restart talks aimed at averting a full-blown trade war between the world’s two largest economies, two people familiar with the effort have said.
South Africa shouldn't get carried away by the immense power, deep pockets and ideologically compatible message from Beijing, says Daniel Silke.
'Brics cooperation will be a solution to [the] challenge of de-globalisation,' the chairperson of the Bank of China Chen Siqing said at a discussion in Sandton.
Washington's escalating trade war with Beijing has not "made America great again" and has instead damaged the American economy, China said on Sunday, stressing that while it wants resolution through talks there will be no compromise on core principles.
US stocks fell, with the S&P 500 flirting with a correction as technology shares tumbled after a report the Trump administration was set to press its trade war with China. The dollar rallied.
Alibaba Group Holding co-founder Jack Ma cautioned China’s business and political leaders to prepare for the trade war with the US to last longer and have a bigger impact than most people think.
China is expected to respond with their own tariffs on US goods.
The US Department of Agriculture announced $4.7 billion in payments to corn, cotton, dairy, hog, sorghum, soybean, and wheat farmers to help ease the pain of the trade war.
America's China factories are feeling the strains as firms scramble for shelter from the ongoing trade war.
The trade war between the world’s two biggest economies is taking on a life of its own.
Banners for US President Donald Trump's second-term campaign are ready to ship, emblazoned with the words 'Keep America Great!' But they're made in eastern China and soon could be hit by punitive tariffs of Trump's own making.
The impact of the escalating global trade war is likely to negatively impact South Africa's economic growth, warns Fitch Ratings.
Leaders of the Brics emerging economies - Brazil, Russia, India, China and South Africa - will meet in Johannesburg this week, with the threat of a worsening global trade war topping the agenda.
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